Chapter 11 Flashcards

1
Q

what are the objectives for new product development?

A
  1. maximizing the products fit with costumer requirments.
  2. minimizing the development cycle time.
  3. controlling development cost
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

partly parallel development process

A

A development
process in which
some (or all) of
the development
activities at least
partially overlap.
That is, if activity A would precede activity B
in a partly parallel development
process, activity
B might commence before
activity A is
completed.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

how can you fullfill the customer requirements for performance and price.

A

by involving costumers and suppliers in the development process.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

lead users

A

Customers who
face the same
general needs of
the marketplace
but are likely to
experience them
months or years
earlier than the
rest of the market and stand to
benefit disproportionately from
solutions to those
needs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

crowdsourcing

A

A distributed
problem-solving
model whereby a
design problem
or production
task is presented
to a group of
people who
voluntarily
contribute their
ideas and effort
in exchange for
compensation,
intrinsic rewards,
or a combination
thereof

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

go/kill
decision
points

A

Gates established
in the development process
where managers
must evaluate
whether or not to
kill the project
or allow it to
proceed.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

championing?

A

Senior executive who sponsors a NPD project.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What are the benefits of championing?

A

senior execs have power to fight for project
> They can gain access to resources
> They can communicate with multiple areas of firm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What are the risks of championing?

A

Role as champion may cloud judgment about project
> May suffer from escalating commitment
> Others may fear challenging senior executive

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

QFD, quality function deployment

A

a process where you follow a problem solving process in a sturctured manner. costumer requirements against product attributes.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

DFM, design for manufacturing

A

a way of structering the new product development.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

FMEA, failure mode and effects analysis

A

is a method by which firms identify potential failures in a system, classify them according to their severity, and put a plan into place to prevent the failures from happening.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

CAD, computer aided design
CAE, computer aided engineering
CAM, computer aided manufacturing

A

is the use of computers to build and test product designs.

Computer-aided manufacturing (CAM) is the implementation of machine-controlled
processes in manufacturing.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

costumer cocreation

A

Process in which customers become actively involved in a firm’s innovation process, taking over innovation activities traditionally executed by the firm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

what are the three types of cocreation

A

Toolkits, Space where customers can customize their
solutions
Lead users
§ Communities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

explain the stage gate?

A

at each stage a decision is made, either to go with the project, kill the project, or recycle the project.
Different gates of the stage-gate process control the quality of the project and ensure that
the project is being executed in an effective and efficient manner)

17
Q

what are the benefits of stage gate

A

Postponing committing resources until uncertainty has been reduced, Weeding out
unpromising project early on, It addresses the problem of a manager becoming more and
more committed to a project and not abandoning it when it turns into a lost cause